Wayne, PA
Population 6,902 · Pennsylvania
About Wayne, PA
Wayne is a small town located in Pennsylvania with a population of 6,902 residents according to the latest US Census Bureau American Community Survey data. The median household income is $143,981 per year, which is 92% above the national median of $75,149. The median age of 43.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Wayne features a median home value of $664,900, which is 171% above the national median of $244,900. This places Wayne in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,993, 71% above the national average of $1,163/month. Of the 2,787 total housing units, 60% are owner-occupied (1,587 units) and 40% are renter-occupied (1,078 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Wayne shows an unemployment rate of 6.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wayne have an average one-way commute time of 27.2 minutes.
Education & Demographics
72.6% of Wayne residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 5.3% White, 1.7% Hispanic or Latino, 0.3% Black or African American, and 0.4% Asian residents, with 16.3% of the population being foreign-born.
How Wayne Ranks in Pennsylvania
Cost of Living in Wayne, PA
Compared to national averages, Wayne has a median household income of $143,981 (92% above the national median of $75,149). Home values average $664,900, which is 171% above the national median. Monthly rent at $1,993 is 71% above the US average of $1,163. Within Pennsylvania, Wayne's income is 96% above the state average of $73,376, and home values are 248% above the state median of $190,903.
Why Live in Wayne, PA?
Wayne offers a strong local economy with a median household income of $143,981, well above the national average, and a well-educated community where 72.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 10.0%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $664,900. However, Wayne’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wayne has a population of 6,902 with a median age of 43.6 years. Compare Wayne with other cities to see how it stacks up, or explore all cities in Pennsylvania.
Similar Cities Near Wayne
Cities in Pennsylvania with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ambridge | 6,912 | $50,978 | $94,000 | Compare |
| Connellsville | 6,914 | $47,176 | $117,200 | Compare |
| Shamokin | 6,890 | $36,438 | $57,400 | Compare |
| Huntingdon | 6,884 | $66,429 | $189,400 | Compare |
| Tamaqua | 6,922 | $44,803 | $78,500 | Compare |
| Maple Glen | 6,851 | $173,110 | $543,800 | Compare |
| Natrona Heights | 6,955 | $71,167 | $146,800 | Compare |
| Arlington Heights | 6,844 | $67,386 | $249,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Pennsylvania
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Wayne With Other Cities
Frequently Asked Questions about Wayne
What is the population of Wayne, PA?
The population of Wayne, PA is 6,902 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Pennsylvania.
What is the median household income in Wayne?
The median household income in Wayne, PA is $143,981 per year, which is 92% above the national median of $75,149.
What is the median home value in Wayne?
The median home value in Wayne, PA is $664,900, which is 171% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wayne?
The median monthly rent in Wayne, PA is $1,993, which is 71% above the national average of $1,163/month.
What is the unemployment rate in Wayne?
The unemployment rate in Wayne, PA is 6.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Wayne, PA a good place to live?
Wayne offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 6,902 and a median age of 43.6, the city appeals to a broad range of residents.
How educated is Wayne, PA?
72.6% of residents in Wayne aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Wayne?
Key cost-of-living indicators for Wayne, PA: median home value is $664,900 (171% above national), median rent is $1,993/month, and median household income is $143,981. The home-value-to-income ratio is 4.6x, a moderate figure by national standards.
What is the poverty rate in Wayne?
The poverty rate in Wayne, PA is 10.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wayne, PA?
Wayne's population is 5.3% White, 1.7% Hispanic or Latino, 0.3% Black or African American, 0.4% Asian, and 1.6% two or more races. 16.3% of residents are foreign-born.